Kroger Co. has purchased the land for its first warehouse and distribution center with British online grocery retailer Ocado.
Kroger purchased a nearly 63-acre piece of property at 6266 Hamilton-Lebanon Road from Anthony Greco for nearly $3.1 million, according to property records. That breaks down to a purchase price of a little more than $48,800 per acre. Kroger also purchased a 5.9-acre property from Michael and Ann Busemeyer for $829,640, or about $140,600 per acre.
Officials with Kroger declined to comment on the purchase.
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